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The Florida Insurance Market

The Florida Insurance Market Welcomes Its Eighth New Property Insurer

The Florida Insurance Market is expanding, as yet another property and casualty insurer has gained approval to do business here. This makes the eighth new insurer to come to Florida following legislative reforms aimed at stabilizing the market, according to state insurance regulators. The Florida Office of Insurance Regulation (OIR) announced the approval of Ovation Home Insurance Exchange, adding to a...

REALTORS Earn Their Compensation

REALTORS® Earn Their Compensation

REALTORS® Earn Their Compensation from the day you bring them on board to the day of closing - and beyond, with repeat clientele. After you read this comprehensive accounting of everything your REALTOR® does, you will understand why so many people have close relationships with their REALTOR®. Click here to explore the range of tasks your REALTOR® undertakes to assist you in buying and selling...

Facts About REALTORS'® Compensation

Facts About REALTORS’® Compensation

Facts About REALTORS'® Compensation are often misunderstood. So here are answers to questions regarding why home sellers' brokers often cover the compensation of buyers' brokers, along with essential information for buyers and sellers. This practice benefits both parties economically, increases access for various buyer demographics, and allows small brokers to compete with larger ones. Moreover, it...

Rental Prices in Florida

Rental prices in Florida are gradually decreasing

Rental prices in Florida are gradually decreasing amid an unprecedented influx of new residents. Rent costs in Florida saw a significant year-over-year decline of 9.21% in January 2023, with an average monthly rent of $2,095, still higher than the national median of $1,964. While cities like Jacksonville experienced rent increases, others like Orlando and Miami saw declines. Factors such as increased...